Whitepaper
Investment Insights
The US inflation is on a rising trend post the COVID-19 pandemic, driven by commodity shock and supply disruption. This elevated inflation remains a cause of concern for insurance companies, especially for property and casualty (P&C) insurers, which experience high claims expenses when inflation rises. With the inflation continuing at record levels, the auto insurance companies are expected to accelerate the pace of rate hikes which is likely to outpace the loss cost trend.
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